Golden Cariboo drills 47.01m of 0.42g/t Au at Quesnelle

Executive Summary
- Golden Cariboo Resources intersected significant near‑surface gold mineralization at its Quesnelle Gold Quartz mine property, reporting 0.42 g/t Au over 47.01 m from surface and a deeper intercept of 0.76 g/t Au over 20.45 m.
- The step‑out hole QGQ25‑25 continues the high‑grade Halo zone trend, following a previous hole that returned 0.99 g/t Au and 9.77 g/t Ag over 236.88 m.
- Management highlighted the ability to drill year‑round thanks to strong infrastructure and expressed confidence in an active drilling program for the remainder of the year.
Key Details
- Hole QGQ25‑25 (Halo zone):
- 0.42 g/t Au over 47.01 m (154.2 ft) from surface.
- Within a broader anomalous interval: 0.26 g/t Au over 190.2 m.
- Deeper high‑grade segment: 0.76 g/t Au over 20.45 m starting at 324.88 m depth.
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Terminal mineralization: 1.00 g/t Au over 1.91 m at the hole’s end.
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Nearby Hole QGQ24‑20 (reference): Previously intersected 0.99 g/t Au and 9.77 g/t Ag over 236.88 m, confirming continuity of the Halo zone mineralization.
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Step‑out Hole QGC25‑28: An 80‑m step north of QGQ25‑25 is being extended to target depth; early results show extensive quartz‑carbonate veining (details pending).
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Drilling Program Context:
- The drill program targets the Halo zone, a high‑grade vein system within the broader Quesnelle Gold Quartz mine property.
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All cores are NQ quality, split and sent to MSALabs (Prince George) for analysis using aqua regia digestion with ICP‑AES finish and PhotonAssay for gold/silver.
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QA/QC: Blanks, standards, and duplicates represent 5 % of total samples; procedures conform to NI 43‑101 standards.
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Technical Review: Independent Qualified Person Jean Pautler (PGeo) reviewed and approved the technical information in accordance with NI 43‑101.
Notable Quotes
“We continue to drive forward with intersections of mineralization from surface, extending the deposit along strike at our Halo zone… We’re excited to be drilling in the winter and look forward to an active year in the Cariboo gold corridor.” – Frank Callaghan, President & CEO
All forward‑looking statements are subject to risks and uncertainties; actual results may differ materially.